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Hourly points to a bounce ImO

Impossible, can't be done

I see triple D on 5

I am posting this just as a response to Joeyeta, this is not a method nor a system, this is just another way of implementing position management via scaling out. As long as there is a reason to stay in a trade and a trader is experienced enough to catch those 2-4 point bounces 2/3 scale out...

Wanna bet on that 'always'?

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1858979> ImO not quite so, that depends on position management, today is exactly why I scale out 2/3 & not 1/2 as a 2.5pt 2/3 scale out gives you enough breathing space to allow for a shake & squeeze of 1/3 -5pt to put you at...

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1858918>

I am not bringing in intra vs outa, that was just a prelude :) What I am saying is that on certain days a scaler would be banking more $ in comparison to an all in/out trader. A scaler has an option of holding for an extended gain whereas an all in/out trader does not have that option. The 2...

Long off 1/(poss 5) + S1

Buy1Sell2, ImO intraday & ouataday trading are 2 different animals. Intraday price action in index futures has a lot of knee-jerk where momentum action is often faded in an attempt to perform a shake & squeeze. People have to adapt to their trading environments just as they would have to adapt...

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1856843>

Watch out for a failure swing on lowered histo

Please add to that list a bearish wedge & multiple D on 2 & 3m charts :)

good luck

Of course it would, trouble is how would we know that this will happen?

This looks more bearish to me. <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1855673>

ALERT ALERT ALERT Wedgy p/a on triple D on 1

Absolutely!

Lack of tradable range is a killer for many systems including the ones based solely on price (as far as I know). I use MACD's histogram mainly to pick out points in time when price is likely to build enough 'strength' to perform a bounce which at times leads to a reversal. I am not saying that...

-1.25 Short 1344.5 off 3 and 60 Scaled out +1.75 Reversed Long 1343.5 off 1 & RsX's 1343 support Scaled out +3